MERCOSUR: Color Printing Ink Market 2024

Color Printing Ink Market Size in MERCOSUR

In 2022, the MERCOSUR color printing ink market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption showed a slight shrinkage. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Color Printing Ink Production in MERCOSUR

In value terms, color printing ink production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Color Printing Ink Exports

Exports in MERCOSUR

Color printing ink exports was estimated at X tons in 2022, surging by X% compared with 2021. In general, exports, however, saw a noticeable curtailment. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, color printing ink exports expanded markedly to $X in 2022. Over the period under review, exports, however, saw a perceptible decrease. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Colombia (X tons) and Brazil (X tons) represented roughly X% of total exports in 2022. It was distantly followed by Chile (X tons), Peru (X tons) and Argentina (X tons), together making up a X% share of total exports. Paraguay (X tons) took a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest color printing ink supplying countries in MERCOSUR were Colombia ($X), Brazil ($X) and Chile ($X), together comprising X% of total exports.

Chile, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, picking up by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (X%), while the other leaders experienced more modest paces of growth.

Color Printing Ink Imports

Imports in MERCOSUR

In 2022, imports of color printing ink in MERCOSUR declined modestly to X tons, therefore, remained relatively stable against 2021 figures. In general, imports continue to indicate a pronounced slump. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, color printing ink imports rose sharply to $X in 2022. Over the period under review, imports showed a mild slump. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Brazil was the major importer of color printing ink in MERCOSUR, with the volume of imports resulting at X tons, which was near X% of total imports in 2022. Colombia (X tons) took the second position in the ranking, followed by Argentina (X tons), Peru (X tons), Ecuador (X tons) and Chile (X tons). All these countries together took approx. X% share of total imports. Paraguay (X tons) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to color printing ink imports into Brazil stood at X%. At the same time, Ecuador (X%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. Colombia experienced a relatively flat trend pattern. By contrast, Paraguay (X%), Argentina (X%), Chile (X%) and Peru (X%) illustrated a downward trend over the same period. Ecuador (X p.p.), Colombia (X p.p.) and Brazil (X p.p.) significantly strengthened its position in terms of the total imports, while Chile and Peru saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported color printing ink in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with a X% share of total imports. It was followed by Colombia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Brazil totaled X%. In the other countries, the average annual rates were as follows: Argentina (X% per year) and Colombia (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Argentina ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform